Spellbook is a legal software startup that develops a generative artificial intelligence contract drafting tool for lawyers.
Spellbook is a legal software startup that develops a generative artificial intelligence contract drafting tool for lawyers. The technology, which is powered by huge language models such as OpenAI's GPT-4, is optimized for contracting performance utilizing legal datasets.
Spellbook may be growing as it has successfully raised $20 million in Series A funding, which is a significant financial milestone for the company. The funding is intended for the development of new AI capabilities and platform expansion, indicating an investment in the company's future capabilities and market reach. Furthermore, Spellbook has experienced a tenfold increase in revenue, demonstrating a strong market demand for its AI-driven legal tools. The consistent reporting across multiple news outlets about the funding and revenue growth suggests a positive trajectory for the company's financial health and market position.
Co-Founder & Chief Experience Officer
Co-Founder and CEO
COO and Co-Founder | 2017-10-01
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